40 Hemlock Hills B Banner Elk, NC $ 220,000
40 Hemlock Hills B
$ 220,000
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40 Hemlock Hills B

Banner Elk, NC, 28604
$ 220,000
Bedrooms1 Baths1.0 Sq 499

Monthly Estimate*

$ 1,389

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Condo for sale in Banner Elk, NC

for $220,000 with 1 bedroom and 1 full bath. This 499 square foot condo was built in 1983.

Charming, turnkey, and full of potential, this inviting mountain retreat offers an exceptional opportunity to own an affordable slice of the High Country. With a strong history as a successful short-term rental, this furnished getaway is ideal as an investment property, weekend escape, college retreat, or full-time residence for those seeking a relaxed mountain lifestyle. Conveniently located at the entrance to Ski Country, adventure is always within easy reach. Spend your days skiing and snowboarding at nearby Sugar Mountain and Beech Mountain Resorts, hiking scenic trails, mountain biking, fishing, golfing, or exploring the endless outdoor recreation the High Country is known for. Just minutes away, downtown Banner Elk offers award-winning dining, boutique shopping, wineries, breweries, live entertainment, seasonal festivals, and easy access to Grandfather Mountain and the Blue Ridge Parkway. Offered fully furnished and move-in ready, this well-maintained unit allows you to begin enjoying the property—or welcoming guests—immediately. Recent improvements, including fresh interior paint and beautifully renovated stairs and decks, complement the home's excellent condition and make ownership effortless. Inside, rustic exposed wood beams and a cozy wood-burning fireplace create the warm mountain character that makes this home feel like a true retreat. The comfortable living area is the perfect place to relax after a day of adventure, while the private deck provides a peaceful outdoor escape for morning coffee, evening cocktails, or simply enjoying the sights and sounds of the surrounding mountains. Looking for additional space or an even greater investment opportunity? Unit A is also available for purchase (see MLS #263537), creating the rare opportunity to own both sides. With the potential to add an interior connecting door, the two units could function as one larger residence—ideal for multi-generational living, larger groups, expanded rental accommodations, or maximizing your investment potential. Whether you're looking to expand your investment portfolio, purchase an affordable second home, or enjoy your own mountain getaway, this charming property offers outstanding value in one of the High Country's most desirable locations.

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Condo Active

Price

$ 220,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 377

Style

Year Built

1983

Town/City

Banner Elk

County/Region

Avery

MLS | Web ID

263536

List By
Premier Sotheby's International Realty- Banner Elk

Broker

jessica.auten@premiersir.com

Email

Affordability Calculator

$1,421
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,389
Monthly Property Taxes
$31
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4062214 Elementary School
4062210 Middle School
Avery County High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$220,000 Listed Price

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40 Hemlock Hills B, Banner Elk, NC, 28604 is a Condo for sale at $220,000 with 499 sqft. 40 Hemlock Hills B has 1 bedrooms, 1.0 baths, and was built in 1983. The property's zip code is 28604 which is in Banner Elk, NC